GDP grew 2.8 per cent in 2009

AMMAN (JT) – The Kingdom’s gross domestic product (GDP) grew by 2.8 per cent in 2009 against 5.6 per cent growth in 2008, according to the latest figures issued Tuesday by Department of Statistics (DoS).

The reports showed that the value of GDP in current prices (nominal GDP) reached around JD16.266 billion in 2009, compared with JD15.056 billion in 2008, while in fixed prices, real GDP reached JD9.607 billion in 2009 as opposed to JD9.349 billion in 2008.

According to the DoS, GDP in the fourth quarter of 2009 grew 2.9 per cent in fixed prices, reaching JD2.402 billion compared with JD2.334 billion in the same quarter of 2008.

The construction sector achieved the highest growth rate of 12.8 per cent in the fourth quarter of last year.

jordantimes